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the so-called sequestration. panetta spelled out a list of cuts the pentagon will have to make, cuts he says will seriously undermine the military. susan mcginnis is in washington this morning. susan, good morning. >> good morning, anne-marie. the cuts are already happening. the pentagon is shrinking its presence in the persian gulf of aircraft carriers. it's par of that long list that secretary panetta released saying these cuts are going to have to happen in the coming weeks all because congress cannot agree on an alternative to the automatic budget cuts that are planning to kick in as well as a 2013 budget. the "uss truman" was scheduled to pull out of norfolk, virginia, tomorrow expected to head to the persian gulf but wednesday afternoon word came in the truman will stay in port to save money. >> playing the waiting game. it's not very nice not knowing when we're pulling out. >> the pentagon is carrying u.s. presence overseas ahead of $55 billion in budget cuts that kick in march 1st. >> this is not a game. >> outgoing defense secretary leon panetta says
by the end of the month. as susan mcginnis reports, the pentagon is already slashing military costs. >>> reporter: the uss truman was scheduled to pull out of norfolk, virginia tomorrow to head to the persian gulf but wednesday afternoon word came that truman will stay in port in order to save money. >> playing the waiting game pretty much. it's not very nice not knowing when we're pulling out. >> reporter: the pentagon is cutting u.s. aircraft carriers' presence overseas ahead of $55 billion in budget cuts that kick in march 1. >> this is not a game. >> reporter: outgoing defense secretary leon panetta says congress' inability to find a way to avoid the cuts has endangered america's security. >> these steps would seriously damage a fragile american economy and they would degrade our ability to respond to crises precisely at a time of rising instability across the road. >> reporter: the idea is that the budget cuts would be so objectionable here on capitol hill that congress would agree on an alternative. that has proven to be easier said than don
as sequestration take effect at the beginning of march. the pentagon has to reduce spending by $46 billion in the remaining seven months of fiscal year 2013. >> if these cuts happen there will be a serious disruption in defense programs and a sharp decline in our military readiness. >> reporter: this army document says three-fourths of its combat brigades will have to delay their training for several months resulting in a failure to meet demands of the national military strategy by the end of this year. afraid it will have to take $18 billion out of its own budget the army has already stopped maintenance of 1,300 vehicles and 17,000 weapons. according to this document the air force would cut its overhauls of aircraft by one-third, with the result that some planes would have to be grounded. flying hours for air force pilots would be cut by 18%. >> it puts at risk our fundamental mission of protecting the american people. >> reporter: combat operations in afghanistan would not be affected by the cuts but the pull-out of $20 billion worth of equipment could be delaye
strikes targeting americans who work with al qaeda overseas. >>> the pentagon is reducing the number of aircraft carriers in the persian gulf to one from two. the defense department made that announcement yesterday as deep automatic spending cuts loom for defense and domestic programs here. those cuts will kick in at the beginning of next month. and unless congress agrees to an alternate budget plan before then. defense secretary leon panetta says severe military cuts would harm the nation's security and the economy. >> we will furlough as many as 800,000 department of defense civilians around the country for up to 22 days. they could face a 20% cut in their salary. you don't think that's going to impact or economy? >> some economists estimated a march 1 sequestration could result in up to a million people losing their jobs. >>> today some house democrats are set to unveil their plans to curb gun violence. the 15 proposals are said to be similar to those proposed by the obama administration, including background checks on all gun purchases and bans
those years ago. >> this is not a game! >> the pentagon is forced to make deep spending cuts. >> the pentagon will lose $55 billion from its budget over the next nine months. >> we'll keep coming here and i hope it stays here forever. >> and a big party at one of the oldest bars here in the bay area. >> we're at the seven mile house where they are commemorating the 160th anniversary. from across the bay to around the world, the stories that matter on "eyewitness news this morning" >> your realtime captioner: linda marie macdonald >>> good morning, it's thursday, february 7. i'm michelle griego. >> hi, everyone. i'm frank mallicoat. it is 6:31 i know. >> a violent shooting spree in southern california leaves one officer dead and two others injured. the suspect is an ex-lapd officer. he is now the center of a massive manhunt in southern california. we have live pictures from the crime scene right now. cbs reporter susan mcginnis with the online manifesto that targets the suspect's former colleagues. >> reporter: police helicopters are fl
. >> pelley: now, the pentagon set up a cyber command to practice both offense and defense on the computer battlefield. now cyber command is expanding five-fold, and we asked bob orr to look into who's behind the computer threat. >> reporter: despite its imposing facade, the u.s. federal reserve could not stop the latest attack. on sunday, hackers broke into a fed computer system then stole and published the private phone numbers of 4,000 u.s. bankers. that breach followed recent revelations that cyber spies had also infiltrated computer networks at three american newspapers: the "washington post," "wall street journal," and "new york times." investigators traced those attacks on the papers to government-backed hackers in china looking to monitor coverage of chinese politics. everyday, state-sponsored spies- - the majority from china-- are infiltrating key government and business computer networks inside the united states. u.s. cyber command estimates american companies are losing $250 billion a year in intellectual property. how often are they coming after us? >> it's more than daily. >>
Search Results 0 to 5 of about 6

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